Which firms benefit from investments in green energy technologies? – The effect of energy costs

By Tobias Stucki. Research Policy, 2019

194 citations recorded by the source corpus.

Abstract Firms will invest in green energy technologies only if these investments have an economic pay-off. Based on unique firm-level data from Austria, Germany, and Switzerland, we find that the marginal effect of investments in green energy technologies on productivity is positive only for the 19% of firms with the highest energy costs. These results have major implications for companies and policy makers regarding the design of green energy policies and incentives.

Subfields: Economics and Econometrics, Marketing, Renewable Energy, Sustainability and the Environment

View Paper: https://www.semanticscholar.org/paper/7b38ef5021433bfa13006b81660e9c86b0cf0297

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In Economics and Econometrics

1. Lina Liu
2. Fen Zhang
3. Xiaonan Qin

In Marketing

1. Lina Liu
2. Fen Zhang
3. Xiaonan Qin

Citations in the corpus

• The Interaction Effect between ESG and Green Innovation and Its Impact on Firm Value from the Perspective of Information Disclosure (2020, background): “Similarly, Stucki (2019) found in his study that only 19% of the companies with the highest energy cost inputs could receive a positive return on green innovation investment, while most companies do not necessarily receive a return [21].”